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Key Issues in Innovation Management – Revisited – Part 1

Tim Kastelle

At the beginning of 2013, Tim Kastelle and I identified four key issues in innovation management for the time to come. Let’s have a brief look at each of them: Differentiating and integrative innovation concepts. Reinvention through business model innovation. Let’s remind: One size does not fit all.

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Opportunity cost

Idea to Value

And while it is a fundamental principle in economics and investing, it is just as important in innovation management as well. Most companies do not struggle with innovation because they have too few ideas. Yes, you cannot invest in two full-scale innovation projects which require the same people, money and resources.

LEAN 225
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Innovation Management in 2023: Venture Building & Scaling

Innov8rs

As part of our recent The Innovator’s Handbook 2023 launch event, we discussed this (and more) with Frank Mattes (CEO at Lean Scaleup), Sean Sheppard (Managing Partner at U+), and Susana Jurado (Head of Wayra Builder at Telefónica). Why can it be so hard for corporates to launch substantial new businesses? Easier said than done.

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Sorting through our Innovation Management Tools

Paul Hobcraft

We all are caught up in handling and understanding different management tools. There are management tools that have become ‘enshrined’ in organizations and many of the executives become settled on the ones they have bothered to learn or seemingly do the job. Tracking the trends on Management Tools.

Tools 100
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Lean Innovation Management – Making Corporate Innovation Work

Steve Blank

government to help them innovate faster– not just kind of fast, but 10x the number of initiatives in 1/5 the time. —– Lean Innovation Management. In working with Greg Hannon , the head of Innovation at W.L. The result will be: a new, Lean version of the Three Horizons of Innovation.

LEAN 49
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Business Model Innovation: 5 Frameworks for Success

Qmarkets

This innovation disrupted traditional media consumption, shifting from physical rentals and purchases to unlimited on-demand digital content, and significantly impacting the cable TV industry. By mapping out each component, companies can identify areas for innovation and explore how changes in one area may impact others.

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Key Issues in Innovation Management – Revisited – Part 2

Tim Kastelle

In part 1 of this post , Ralph revisited key innovation issues that were already addressed by us three years ago. It doesn’t always translate to managers, however. Co-Innovation and startup engagement. That means high integration costs – and another reason to be wary of new innovation. They have to.